Analysis of the South African Automotive Markets

Analysis of the South African Automotive Markets

RELEASE DATE
08-Aug-2005
REGION
Asia Pacific
Research Code: 4B37-01-00-00-00
SKU: AU00174-EU-MR_08774

$450.00

Special Price $337.50 save 25 %

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SKU
AU00174-EU-MR_08774

$450.00

$337.50 save 25 %

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Description

South Africa represents the biggest domestic market for vehicles in Africa and accounts for 83.0 percent of the continent's production. South Africa's population of 46.6 million (2004) and a growing tourism industry still represent the continent's best growth prospects for increasing vehicle sales and aftermarket revenues. Rising living standards, improvement in transportation infrastructure, easy access to automotive finance and lesser interest rates are expected to drive expansion in the South African automotive vehicle market. Apart from the thriving domestic market, the export market is also set to grow as South Africa is seen as a low-cost manufacturing base and accessible to other markets in the region.

Table of Contents

Market Overview

  • Introduction
  • Current Scenario

Market Segmentation

  • Market Segmentation
  • Passenger Cars
  • Light Commercial Vehicles
  • Medium and Heavy Commercial Vehicles (M&HCV)

South Africa: Comparison with Other Developing Nations

  • South Africa: Comparison with Other Developing Nations
  • Automotive Vehicle Market: Comparison Between India China and South Africa
  • Passenger Vehicles
  • Light Commercial Vehicle Sales
  • Medium and Heavy Commercial Vehicles
  • South African Automotive Component Market

Automotive Market : Exports and Imports

  • Export Strengths of South African Automotive Market
  • Exports
  • Imports

Market Drivers

  • Market Drivers
  • Growing Disposable Income Levels
  • Growing Percent of Earning Population
  • Introduction of New Passenger Car Models
  • Easier Credit Availability and Lower Interest Rates to Drive Sales
  • High Replacement Demand for Passenger Cars
  • Government Initiatives such as MIDP
  • Tourist Population in South Africa
  • Replacement Needs for Minibus Taxis and the Taxi Project
  • Automotive Cluster at Durban
  • New Automotive Technologies
  • Infrastructure Development to Drive Automotive Market

Market Restraints

  • Emerging Markets
  • High Cost of Vehicle Ownership and Income Disparity’s
  • Poor Pollution Norms Reduce Replacement Demand
  • Poor Economic Conditions Natural Calamities and Drought Among Others
  • Introduction of Sophisticated Vehicles with Newer Technologies
  • Cost Efficient Manufacturing
  • Meeting Environmental Standards
  • Economic Uncertainties
  • Government Policies

Major Industry Challenges

  • Major Industry Challenges
  • Lower Economies of Scale
  • Technology Gap Impacts Product Quality
  • Identifying Right Partners for Strategic Alliances and Joint Ventures
  • Consolidation Among Vehicle Manufacturers in the Future to Offset Competition
  • GHG Emissions and Vehicular Pollution
  • Future Government Policies on Infrastructure Development

Quality and Enivronmental Standards in the South African Automotive Vehicle Market

  • Quality and Enivronmental Standards in the South African Automotive Vehicle Market

Conclusion

  • Conclusion
  • Key Industry Participants in the South African Automotive Vehicle Market

South Africa - Country and its Economy

Related Research
South Africa represents the biggest domestic market for vehicles in Africa and accounts for 83.0 percent of the continent's production. South Africa's population of 46.6 million (2004) and a growing tourism industry still represent the continent's best growth prospects for increasing vehicle sales and aftermarket revenues. Rising living standards, improvement in transportation infrastructure, easy access to automotive finance and lesser interest rates are expected to drive expansion in the South African automotive vehicle market. Apart from the thriving domestic market, the export market is also set to grow as South Africa is seen as a low-cost manufacturing base and accessible to other markets in the region.
More Information
No Index Yes
Podcast No
Industries Automotive
WIP Number 4B37-01-00-00-00
Is Prebook No